The primary role of company lawyers is to ensure the legality of company transactions. They advise a company on a variety of issues, including collecting and analyzing evidence for legal proceedings, formulating contracts, advising companies on legal rights and obligations in commercial transactions, and advising them on taxation issues.
Such broad business requirements mean that corporate lawyers must specialize in many aspects of the law. Major expertise in corporate law includes tax law, contract law, accounting law and securities law. Therefore, the main focus of many corporate lawyers is to understand how these different aspects of law relate to companies that employ them.
In most cases, the salary of a corporate lawyer will start from $ 30,000 to $ 100,000 per year, depending on the size, position and financial situation of the employer. The best graduates of the best law schools can expect much higher salaries and lucrative careers right after graduation if they have the right skills set and perform well during their internship.
The Forbes website lists a number of top-notch programs, including Columbia Law School, where graduates can expect an average salary of $ 165,000.
Other top producing institutions include Stanford University, Chicago University, Harvard University, and the University of Virginia. However, most graduates of US law schools will have to settle for a more modest salary check, even if they engage in a relatively profitable field of corporate law.
According to PayScale, the average annual salary of a corporate lawyer in 2014 was $ 98,823. Company lawyers are paid for their knowledge and experience, both of which have a strong impact on salary. Lawyers who find their niches in company law and remain in the same company can expect to see their salary increase each year.
As a general rule, in-house business lawyers are paid less than lawyers used by large law firms that charge exorbitant fees. This is a bit of a generalization, and although it is true that the highest-earning individuals in the legal field tend to be partners in large law firms, in-house lawyers are often no worse than their financial rights.
In summary, patent attorneys are assigned to assess and analyze whether an invention is suitable for a patent. It provides guidance and advice to individual private inventors as well as to companies in the patent process. After the patent is received, patent attorneys protect patents in case of infringement.
Some of the duties of a patent attorney are to describe inventions in clear and unquestionable legal terms, to investigate and evaluate existing patents, and to bring proceedings in court for infringement proceedings.
Patent Attorneys are also highly trained in different aspects of intellectual property rights and advise clients and employers on related issues such as design and trademarks. In 2014, according to PayScale.com, the average annual salary was $ 129,500.
The size of a patent attorney’s salary check depends on a variety of factors, including the industry in which they work, the size of the company they work for, the number of years they work in the field, and the level of education. A patent attorney typically requires a very specific set of skills, including an additional educational background in a related field, such as engineering or biology.
The job description of the criminal lawyer includes defending individuals, organizations and companies that are subject to criminal charges in the state, federal or appeals court. Some of the main responsibilities of a criminal lawyer are to investigate the case at hand, discuss with witnesses, examine case law and procedural law, build a defense and plan a strategy for the case. In less serious cases, a defense agreement is also within the competence of a criminal lawyer.
It is important that a criminal attorney has superior written and verbal defense skills to successfully discuss before a judge and a jury. Creative thinking and analytical skills also play an important role in the process of developing strategies and conducting research for complex court cases.
Criminal lawyers in the civil service earn significantly less than their counterparts in the private sector. As shown in the graph below, the average salary for public defenders is US $ 51,810, well below the average earnings in this area. A partner who applies criminal law in a large law firm can earn up to $ 115,000 in his first year, which becomes a more lucrative career option.
Real estate attorneys assist clients in various ways in commercial and residential real estate. Issues related to tenants, neighbors, zoning and property development are also covered by real estate law.
Real estate transactions require a large number of complex legal documents, so most real estate lawyers spend a lot of time in an office reviewing contracts and other documents and drafting consultations for their clients. Rigorous document preparation is a key skill in this business. Attention to detail and strong analytical skills are an absolute must for real estate lawyers who want to succeed in this field.
Real estate lawyers also represent their clients in court. A typical property law case may include a property owner who sues a tenant for outstanding rent. Real estate lawyers prepare court documents, collect evidence to support the claim and meet witnesses to ensure that their clients are in a strong position.
According to PayScale.com, the average annual salary of immovable proxies in 2014 was $ 90,125. Highly skilled contract negotiators tend to be the highest winners in real estate law, but experience and position also affect the earning potential of these lawyers.